• Understanding all of the tools available for traders
• What to do after you get into a trade or trade management
• The vital need to manage risks in trades
• Detailed trade examples based on author’s trading style
Grimes writes, “At one point or another, everyone who has interactions with the market asks oneself, “Why is trading so hard?””
Grimes writes that part of the answer lies within the nature of the market itself. He ends the book with details of the process of becoming a trader including stages for pre-trader, novice trader, early competent trader, competent trader, proficient trader and experienced trader.
Pre-traders need to realize there are many technical terms and definitions involved with starting the process of becoming an experienced trader. This book is filled with many definitions, charts, graphs and, as the title implies, a whole lot of art and science.
The writing style does make it easier to read than it might be. Nonetheless, this book is not for the casual reader with a bit of an interest in trading. It’s really for those readers who want to learn how to become a trader or become a better trader.